Merchants Bank v. Bouchard

Defendant mortgagor appeals from a superior court foreclosure decree in favor of plaintiff bank. We affirm.

Prior to the events that gave rise to this action, Evelyn Bouchard and her husband Robert owned and operated the Regal Optical Company as a successful business enterprise. In 1968, on the advice of their attorney, they established three revocable trusts for tax purposes, including the Evelyn M. Bouchard Trust. The trial court specifically found that: “[A]t all *7times, the Bouchards were and are in good physical and mental health and are competent to handle and manage their affairs. These…